DigiByte (OP)
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Official DigiByte Account
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January 12, 2014, 01:14:51 AM |
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We are upping our bounty to 500,000 DGB for the first 6 mining pools to be created! 5 of 6 bounties remaining!
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smartcoin
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smartcoin.io
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January 12, 2014, 01:16:12 AM |
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Hmm, sounds oddly familiar to our (SmartCoin) launch strategy.
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VST
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Activity: 6201360213601060620620192233720368547758
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January 12, 2014, 01:22:20 AM |
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Hmm, sounds oddly familiar to our (SmartCoin) launch strategy.
You guys should shittalk each other on the internet Also nice stock image mascot |
I'm Kanye West
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DigiByte (OP)
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Activity: 1722
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Official DigiByte Account
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January 12, 2014, 03:00:48 AM |
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Getting closer, DNS Seed up!
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creativecuriosity
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DGB.Get-By.com Admin
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January 12, 2014, 03:05:16 AM |
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@DigiByte, Excited about the Crypto  |
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DigiByte (OP)
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Official DigiByte Account
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January 12, 2014, 03:14:08 AM |
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@DigiByte, Excited about the Crypto Thank you! We are as well! It appears someone may already be DDOSing our website. lol! |
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Shmoopy
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January 12, 2014, 03:23:20 AM |
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having a higher block reward at launch for a short period of time has historically had a negative impact on public opinion of the coin.
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DigiByte (OP)
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Activity: 1722
Merit: 1051
Official DigiByte Account
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January 12, 2014, 03:38:24 AM |
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having a higher block reward at launch for a short period of time has historically had a negative impact on public opinion of the coin.
We felt double the normal reward was not extreme compared to many others. This will give a bit of incentive for more early miners and wallet downloads. This is why we announced the coin almost 3 days ahead of time. Blocks per day: 1440 1440x16,000= 23,040,000 x3 days = 69,120,000 We would like to give away about 25 million in the first few days to increase adoption and spread out the coins. |
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Mystery-Man
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January 12, 2014, 04:07:03 AM |
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We can't set up workers before launch? Or is it just me?
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AtlantisPlatform
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Merit: 10
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January 12, 2014, 04:07:05 AM |
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having a higher block reward at launch for a short period of time has historically had a negative impact on public opinion of the coin.
We felt double the normal reward was not extreme compared to many others. This will give a bit of incentive for more early miners and wallet downloads. This is why we announced the coin almost 3 days ahead of time. Blocks per day: 1440 1440x16,000= 23,040,000 x3 days = 69,120,000 We would like to give away about 25 million in the first few days to increase adoption and spread out the coins. I bet you are going to get a lot of haters of the 500 k/h rule. I won't be wasting my time on it for only 500 k/h, I want to mine a bunch right off the start since I don't want to risk a lot of time of these new coins, too many fail and devs just walk away, electric coin, giftcoin etc. good luck though. |
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miKnutty
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January 12, 2014, 04:19:56 AM |
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not touching this coin because of the mining limitations. good luck
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DigiByte (OP)
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Activity: 1722
Merit: 1051
Official DigiByte Account
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January 12, 2014, 04:29:02 AM |
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not touching this coin because of the mining limitations. good luck
Who said anything about a 500 k/h rule? |
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creativecuriosity
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DGB.Get-By.com Admin
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January 12, 2014, 04:59:51 AM |
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That 500 kH/s thingy wasn't the OP, it was a suggestion by someone else in the thread. Looks like they have since deleted the post, interesting.
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DigiByte (OP)
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Activity: 1722
Merit: 1051
Official DigiByte Account
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January 12, 2014, 05:03:56 AM |
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That 500 kH/s thingy wasn't the OP, it was a suggestion by someone else in the thread. Looks like they have since deleted the post, interesting.
We never deleted nor made any post about a 500 kh rule. lol |
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miKnutty
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January 12, 2014, 05:14:38 AM |
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That 500 kH/s thingy wasn't the OP, it was a suggestion by someone else in the thread. Looks like they have since deleted the post, interesting.
We never deleted nor made any post about a 500 kh rule. lol apologies we saw some discussion about it! |
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suchnoob
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January 12, 2014, 05:41:26 AM |
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That 500Kh/s is a good idea. Only it should be 2-3Mh limitation. To filter out just the whales.
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wwtree
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January 12, 2014, 06:20:53 AM |
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seems good.
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creativecuriosity
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January 12, 2014, 06:48:49 AM |
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Honestly, it IS true that whales only hurt a coin.....
That said, I doubt that is an easy wallet change at this point. It would also limit pools to the same limit I would think since it would be a daemon limit, right?
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illodin
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January 12, 2014, 06:59:59 AM |
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My suggestion was that the limit would've been active only during the first x blocks, during which people could solo mine maybe even with cpus. Far more people would have coins that way. And then when the limit is lifted, pools would work normally. It's just that the mega farmers have the most effect in the beginning when the rewards are high and diff low after which they usually switch to rape the next new coin.
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